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Will BYD invest 8 billion yuan in a new energy vehicle battery project?

BYD and Fuzhou signed an investment agreement. BYD will invest 8 billion yuan to build a new energy vehicle power battery project in Fuzhou High-tech Zone. This is not the first time that BYD and Fuzhou have cooperated.

Why did BYD invest 8 billion yuan in Fuzhou?

BYD will invest 8 billion yuan to build a new energy vehicle power battery project in Fuzhou High-tech Zone. This is not the first time that BYD and Fuzhou have cooperated. This is the second time that BYD has invested in new projects in Fuzhou after BYD's Fuzhou New Energy Automobile Industrial Park and Parts Industrial Park.

Will BYD Build a power battery base in 2021?

Since 2021, BYD has planned to build power battery bases in many places, and significantly increased power battery production capacity to cope with the rapidly increasing orders due to technological highlights such as blade batteries and dm-i.

Where is BYD power battery project located?

BYD power battery project landed in Fuzhou, Jiangxi! BYD’s sales of passenger cars and new energy have maintained a continuous positive growth trend, even reaching new highs BYD has attracted the attention of global investors with its core advantages in the field of complete vehicles.

What is Jinan Fudi battery project?

On August 24, Jinan Fudi was registered and established. The power battery project of the base has a production capacity of about 30GWh and will be constructed in two phases, of which the first phase has a capacity of 15GWh. On August 26, Shaoxing Fudi Battery was registered and established.

When will Shaoxing Fudi power battery project start?

On August 26, Shaoxing Fudi Battery was registered and established. The Shaoxing Fudi Power Battery Project and construction start are expected to be completed in August 2023. The project address is located at No. 666 Punan Avenue, Pukou Street, Shengzhou City, Shaoxing City, Zhejiang Province. The specific production capacity is unknown.

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